Ircon International Dividends and Buybacks
Dividend criteria checks 3/6
Ircon International is a dividend paying company with a current yield of 1.65% that is well covered by earnings.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.6% |
| Dividend Growth | -20.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.100 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 541956 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 541956's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Ircon International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (541956) | 1.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Construction) | 0.7% |
| Analyst forecast (541956) (up to 3 years) | 2.6% |
Notable Dividend: 541956's dividend (1.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 541956's dividend (1.65%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), 541956's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 541956 is paying a dividend but the company has no free cash flows.